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20121219
20121219
Search Results 0 to 5 of about 6 (some duplicates have been removed)
shoulder there? silvio berlusconi. a billionaire prime minister of italy elected three times even though as they say in rome, he was corrupt. >> the italian prime minister is no stranger to scandal. charges of bribery, corruption and embezzlement. >> officially guilty of tax fraud. >> sentenced to newshour years in prison for tax fraud. >> a serial flanderer. >> tales of lavish orgies. >> notorious all night so-called bunga-bunga parties. paying for sex with an underage prostitute. >> he was saying he could haven't sex with 11 women so instead he had sex with eight women. (laughter). >> jon: a man who had sex with eight women. that's the worst bond villain ever! (laughter) and if you pull one of them off, you just grow back. last november with the italian economy tanking, voters replaced berlusconi with his polar opposite, mario monti, an academic economist who promised to balance italy's books with strict austerity measures. that's not an easy choice. the country basically deciding it would be better to live with its hard-ass stepfather even though its real father was outside revving up
column. >> silvio berlusconi getting hitched. he is engaged to a 28-year-old woman. this is while his sex for hire trial continues in milan. berlusconi is flirting with another run for prime minister. >> that must have been some engagement ring, right? >> that guy, he has -- >> the guy may want to be prime minister, forgetting all of his other problems, europe, the financial sector, terrified of that. >> silvio berlusconi, the gift that keeps on giving. >> john tries to make this very serious. i appreciate you bringing it back to the financial crisis. >> no, no, no. we were focused on something different. >> the sex for hire trial? the proposal during the sex for hire trial? >>> main street might be seeing a run for guns in some places, but wall street, it's the opposite. a look at that, coming up. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 do
this morning. back to you. >> did you see the -- berlusconi saying that italy might have to leave the euro -- i love this guy. and -- >> joe, i'll tell you, he has a point. a lot of people say if italy wasn't in the eurozone now, if you were to analyze the italian economy, current account surplus or ability to get there, it's competitiveness, that actually it would be in a decent position on its own. you know, that's a counter factual that may not be worth exploring. although berlusconi's clearly exploiting that perception. >> if germany doesn't agree to have -- to be a real central bank. he's looking good, 76. he's going to run again. his hair is jet black. and i think he's still -- >> i'm sure it's natural. >> you want to avoid him if you can. like -- keep your distance if you would. >> no, i don't have to -- joe, he's engaged now. he has another -- a new wife. >> i didn't realize that. then definitely. >> yes. i'm devastated -- >> the world's women are safe now. he's engaged. now, in february, there's another election. this is what i love -- he's way behind the leading party which has 30%. t
for a potential return to politics of silvio berlusconi. again, not clear exactly why the post there has -- there's been a postponement of the end of the year press conference. that is the case as we are learning this morning. >>> moving on to shares in ubs which are at the top of the smi in zurich after the bank announced a settlement with u.s., u.k., and swiss regulators over its role in the libor fixing scandal. ubs will pay a total fine of $1.5 billion after admitting to manipulating the rate. as well as pleading guilty to charges of fraud and bribing brokers. the swiss bank says the fine will lead to a greater than expected fourth quarter loss. but that it will not need to raise new capital. carolyn, the response here by shares positive leading, in fact, the borce as we see it. >> ubs is the better performer on the smi, up by 2.3%. yes, the story, you know, has leaked over the last couple of days. we thought the loss would be bigger. maybe -- or the fine, rather, would be about $1.6 billion. now it's only $1.5 billion. still, this is a very, very hefty fine. i mean, it's three times the amou
Search Results 0 to 5 of about 6 (some duplicates have been removed)